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Thursday, December 2, 2010

BANK NIFTY LEVELS for 2nd Dec

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BANK NIFTY LEVELS

SUPP 1: 12095
SUPP 2: 11840
RES 1: 12500
RES 2: 12650

Bank nifty futures saw a recovery from last two trading days and it may continue in next trading day, if it sustains above 12450 level we can see some more up move from here to 12670 levels. Resistance for bank nifty future is at 12445/12670 and support is at 12185/12100 levels.

Resistance levels: It has first resistance close to the level of 12245 & after it may face the next resistance close to the level of 12670.

Support: It has first support close to the level of 12185 & after it may get the next support close to the level of 12100.

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